Talks among four German parties seeking to form a coalition government after an election that weakened Chancellor Angela Merkel broke down on Sunday after the pro-business Free Democrats (FDP) pulled out, citing irreconcilable differences. The decision by the FDP means that Merkel will either seek to form a minority government with the Greens or a […]
Read moreAsia markets were set to open near flat on Monday, following a decline in U.S. equities last Friday amid lingering concerns on Wall Street about tax reform. Australia’s SPI futures traded at 5,959, at levels similar to the ASX 200’s Friday close at 5,957.25. Nikkei futures in Chicago traded at 22,345, while Osaka futures were […]
Read moreInvestors may want to take cover soon. Art Cashin, UBS’ director of floor operations at the New York Stock Exchange, says a “split personality” is manifesting itself in the stock market, and it could hit Wall Street where it hurts at any moment. “We’ve been setting record new highs, and often the breadth has been […]
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I recently quit Facebook, but decided to return for one final task: To find out exactly what Facebook knows about me. After some quick digging, I found out that Facebook knows: Where I’m logged in and on what computer I like smartphones and am an early tech adopter I’ve clicked ads for laptop briefcases I […]
Read moreHealth technology is a booming sector, with more than $3.5 billion in venture money flowing into the space in the first half of the year alone. As often happens, when the money flows, the crooks follow. The health-tech space is filled with dodgy growth hacks and downright illegal practices. I asked one of the top […]
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One of the biggest myths in the automotive sphere is that Buick survived the recession solely because of its success in China, while the less fortunate Pontiac, Saab, Hummer and Saturn were shuttered. No, that’s not the story. Sure, Buick has risen to fourth place in the massively important Chinese auto market, but right here […]
Read moreSteve Jurvetson, who started his career in Silicon Valley as a wunderkind founder of one of its marquee venture capital firms, has become one of its highest-profile investors, palling around with its most flamboyant tech superstars and backing its edgiest startups. But on Monday, he crashed to earth way more swiftly than his career had […]
Read moreJoanna Hawley is living a millennial’s “tiny home” dream, thanks to her Pinterest board. Last year, the 32-year-old home and fashion social media influencer bought her first home in Seattle. The 640-square foot millworker’s bungalow, built in 1908, came with rustic charm. It also had hundreds of dead rats in the crawlspace, 19 layers of […]
Read moreBrexit is still well over year away but two European cities on Monday will already be celebrating Britain’s departure from the European Union. Two major EU agencies now in London — the European Medicines Agency and the European Banking Authority — must move to a new EU city because Britain is leaving the bloc. The […]
Read moreChina announced on Sunday plans to build and upgrade 64,000 public toilets between 2018 to 2020 as part of its “toilet revolution” aimed at boosting tourism and lifting the sector’s contribution to economic growth. China has been keen to develop and expand services industries to move away from debt-fuelled and investment-driven growth, while offsetting the […]
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